Glossary

Term

Description

PCI-DSS

Payment Card Industry Data Security Standard
https://www.pcisecuritystandards.org/

PCI-3DS

Payment Card Industry 3-D Secure
https://listings.pcisecuritystandards.org/documents/FAQs_for_PCI_3DS_Core_Security_Standard.pdf

3DS

3-D Secure is an XML-based protocol which adds an additional security layer to online credit card payments.
It is the protocol that powers the implementation of asking you to input an OTP on a webpage with your bank name when you purchase something online using your credit card.

BIN

Bank Identification Number is a unique identifier used to identify the issuing institution of card. It is the first four to six numbers that appear on a card and is used to tie the issuer to all the cards it issues and all the transactions on those cards

CVV

Card Verification Value serving as a security feature for transactions where the card is not physically presented, such as online purchases.

PIN

Personal Identification Number. It is a code that cardholders use to verify their identity and authorize transactions.

VISA

Visa Network is a global payment processing system owned and operated by Visa Inc., a leading financial services company. It connects technology, infrastructure and innovation to secure fast digital payments for everyone in innovative ways.

Amount

Issuer Amount, the amount based on the issuer currency, for StraitsX case is having SGD as the based currency

Currency

Issuer Currency, for StraitsX case is having SGD as the based currency

Acquirer Amount

Acquirer Amount, the amount based on the acquirer currency.

Acquirer Currency

Acquirer Currency, can be currency not only SGD.

MCC

Merchant Category Code, in the format of 4 digit number. https://usa.visa.com/dam/VCOM/download/merchants/visa-merchant-data-standards-manual.pdf

Opaque ID

An opaque identifier is a unique identifier that does not provide any information about the thing it identifies.

RRN

Retrieval Reference Number, is a key to identify a card transaction based on the ISO8583 standard. Value is presented in data element 37 of ISO 8583.